KiwiSaver first home calculator

How much KiwiSaver can you use for your first home?

Estimate your withdrawable KiwiSaver balance, partner contribution, eligibility warnings, and possible first-home support before you lock in a buying plan.

Information only, confirm with provider and adviserBuilt for NZ first-home buyers

KiwiSaver First Home Withdrawal

Calculate how much you can withdraw for your first home

How it works

After 3 years of KiwiSaver membership, you can withdraw most of your balance for your first home. You must leave at least $1,000 in your account. You may also qualify for the First Home Grant (up to $10,000 for new builds).

$45,000
$5k$200k
5 years
1 year20 years

Price cap for Auckland: $875,000 (existing)

$750,000
$300k$1.5M

Your Withdrawal Estimate

KiwiSaver Withdrawal

$44,000

First Home Grant

$5,000

Existing home grant

Total Available for Your Deposit

$49,000

Towards a

$750,000 home

(6.5% deposit)

Eligibility Checklist

3+ years membership
First home buyer
Will live in the property
Property within price cap
Minimum balance remains

Withdrawal Breakdown

Your contributions (estimated)$22,500
Employer contributions (estimated)$13,500
Government contributions (estimated)$4,500
Investment returns (estimated)$4,500
Minimum balance to remain-$1,000
Total Withdrawable$44,000

What to do next

  • Contact your KiwiSaver provider to confirm your exact withdrawable amount
  • Apply for KiwiSaver first home withdrawal approval (valid for 60 days)
  • Apply for First Home Grant through Kāinga Ora if eligible
  • Get pre-approval from a lender before house hunting

Build your deposit timeline

Combine KiwiSaver with cash savings and see how long your deposit may take.

Check borrowing power

Move from deposit estimate to repayments, servicing, and loan structure.

Confirm the rules

Get routed to a regulated professional before relying on any withdrawal estimate.

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